FX.co ★ U.S. MBA Mortgage Applications Slide Further, Marking Second Consecutive Weekly Decline

Mortgage demand in the United States weakened further in the latest week, with MBA Mortgage Applications falling by 4.1% week-over-week as of 16 September 2026. This follows a 2.7% decline in the previous week, underscoring a continued cooling in application activity.

The figures, based on the Mortgage Bankers Association’s weekly data, compare the change in applications for the current week with the prior week, and the previous reading with the week before that. The back-to-back negative readings highlight a sustained loss of momentum in mortgage demand over this short-term period, signaling that fewer borrowers are submitting new applications compared with recent weeks.